Development trust funds have only recently been permitted in Indonesia based on Presidential Regulation No. 80/2011 regarding Trust Fund. Under Indonesian law, a development trust fund is a grant provided by one or several donors which is managed by a trustee institution to be used for the development purposes. The management of the development trust fund shall be managed by a trustee institution. The trustee institution is an ad-hoc government entity established by a ministerial regulation that governed by the Board of Trustee.

 

Sumber: International Law and Practice Section of North Carolina Bar Association Newsletter Vol. 25 No. 2, Dec 2015 

Subjek : Trust Funds - International Law -

Penulis : Hendra Wahanu Prabandani, S.H., LL.M.
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